close
View Me
Cheap Apartments for Rent in the Devon Neighborhood of Indianapolis, IN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Devon area of Indianapolis.
3302 N Chester Ave
IndianapolisIN46218
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
3763 Baltimore Ave
IndianapolisIN46218
close
View Me
from $863Studio to 3 Bedroom Apartments Available Now
Chateau De Ville
5303 Rue De VilleIndianapolis, IN 46220
3534 E Fall Creek Pkwy N Dr
IndianapolisIN46205
close
View Me
Rent Specials
from $8991 to 3 Bedroom Apartments Available Now
A62 Apartments
6111 Allisonville RdIndianapolis, IN 46220
close
View Me
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
2215 E 56th St
IndianapolisIN46220
close
View Me
1 to 3 Bedroom Apartments
East Village at Avondale Meadows Apartments
3810 Cooper Square CtIndianapolis, IN 46205
3725 N Sherman Dr
IndianapolisIN46218
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
5918 Devington Rd
IndianapolisIN46226
close
View Me
Showing Results 1-17, Page 1 of 1
Devon, Indianapolis, IN Local Guide
How much does it cost to rent an apartment in Devon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Devon Studio Apartments | $907 | $649 | $1,724 |
| Devon 1 Bedroom Apartments | $1,267 | $800 | $1,733 |
| Devon 2 Bedroom Apartments | $1,439 | $900 | $2,566 |
| Devon 3 Bedroom Apartments | $1,599 | $1,250 | $2,194 |
| Devon 4 Bedroom Apartments | $1,780 | $1,780 | $1,780 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Devon Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Devon, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Devon Apartments for Rent
The cheapest available apartment rental in the Devon area of Indianapolis, IN is a Studio unit found at Glenstone Studios priced from $649. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $693. Here are the most affordable Devon apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenstone Studios | Studio | Studio,1BA | $649 |
| East Village at Avondale Meadows Apartments | A1 | 1BR,1BA | $693 |
| Chateau De Ville | Bordeaux | Studio,1BA | $863 |
| A62 Apartments | LePetit | 1BR,1BA | $899 |
| Trails at Lakeside | Victoria | 1BR,1BA | $999 |
Best Value Apartments for Rent in Devon, IN
As of June 25, 2025 the best value apartment in the Devon area is the $1.02 price per square foot Jade Model at 7 Pointe Apartments in the in the United Northeast neighborhood starting from $1,319. The second greatest value Devon apartment is the 2 Beds, 1 Baths Model at Heritage Apartments starting at $1,150 with a $1.31 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Devon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7 Pointe Apartments | Jade | 3BR,2BA | $1.02 |
| Heritage Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.31 |
| Fallwood | 1 Bed/1.5 Ba Den Up | 1BR,1.5BA | $1.34 |
| Harbour Pointe | The Hideaway | 1BR,1BA | $1.43 |
| Willow Brook | Two Bedroom One Bath | 2BR,1BA | $1.53 |
| Fountain Parc | The Wealth | 1BR,1BA | $1.65 |
| East Village at Avondale Meadows Apartments | A2 | 1BR,1BA | $1.32 |
| The Meadows | 1 Bedroom 730sf | 1BR,1BA | $1.60 |
| Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
| Brockton Apartments & Townhomes | VL1 .1 | 1BR,1BA | $1.51 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Devon area?
If you’re an expert on all things Devon, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDevon, Indianapolis, IN
Ranked #190
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Devon Neighborhood in Indianapolis, IN
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
22 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Devon Apartments
What is a cheap apartment in Devon?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Devon is under $1,150.
What is the price of a cheap apartment in Devon?
The cheapest apartment in Devon is East Village at Avondale Meadows Apartments which is listed at $693, while the average apartment in Devon costs $1,780.
What types of apartments are the cheapest in Devon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Devon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Devon?
Cheap apartments in Devon have an average cost of $242 which is $1,538 cheaper than the average rent for all rentals in Devon.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.